https://www.taxtmi.com/caselaws?id=447301 The court condoned a 430-day delay in re-filing the appeal to address the merits of the case. The appeal contested the Income Tax Appellate Tribunal's decision on a deduction for liquidated damages claimed by the respondent for AY 2008-09. The Assessing Officer had disallowed the deduction for damages from the preceding year but allowed it for additional compensation. The CIT(A) confirmed the respondent suffered damages, which were adjusted against invoices for delayed supplies. The Tribunal upheld the CIT(A)'s findings, and the appeal was closed with no substantial question of law identified. en-us Fri, 08 Dec 2023 00:00:00 +0530 Fri, 22 Dec 2023 09:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=447301 The court condoned a 430-day delay in re-filing the appeal to address the merits of the case. The appeal contested the Income Tax Appellate Tribunal's decision on a deduction for liquidated damages claimed by the respondent for AY 2008-09. The Assessing Officer had disallowed the deduction for damages from the preceding year but allowed it for additional compensation. The CIT(A) confirmed the respondent suffered damages, which were adjusted against invoices for delayed supplies. The Tribunal upheld the CIT(A)'s findings, and the appeal was closed with no substantial question of law identified. Case-Laws Income Tax Fri, 08 Dec 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=447301